$4 for a gallon of gas?

[WRESTLINGFAN]

It is very possible. Its well over $3 here in NY. And with the summer driving season coming up soon as well as alot of refineries not producing enough due to repairs, outages etc. and Hurricane season will be coming up in June. Also the arrests of terrorists in Saudi Arabia who were planning attacks on oil fields contributed to oil being traded at over $66 a barrel, I think we will be seeing $4 by this summer. The speculators in the commodities markets will definitely contribute to this.

[reillyluck]

i heard about that too. A hybrid sounds kinda tempting right about now.

[JPMNICK]

yea that is going to fucking kill NJ state economy as less people drive to the shore for day/weekend trips. this is the last thing out 30 billion dollar in debt state needs. well that and more ILLEGAL IMMIGRANTS MAAAAAAN

[furie]

This is why i started taking the train to work, last year.

[A.J.]

I hope NASCAR can survive.

[cougarjake13]

I hope NASCAR can survive.

4 dollars is just crazy

but what choice are we gonna have ???

[reeshy]

I just bought a bicycle and a pair of sneakers!!!!!!! No shit!!!!!!!

[sr71blackbird]

A 16 oz Coke... $1.75 in the vending machine where I work..

64 oz = 1 gallon

If coke were gas, it would cost $9.33 a gallon! How far can your car go on a gallon of gas? 30 miles? Could you walk 30 miles? How much drink would you need to walk it? Would it be anywhere near as comfortable? To me, gas it worth the price, even if it was $5 a gallon..

[patsopinion]

gass is $3.62 for regular where i live
for me its not if, but when

believe this is could be a huge political issue coming up

[J.Clints]

It is 2.87 here in nashville. I hate that, but there is nothing I can do I have to go to work. And Nyquil would cost more. The only problem with the gas price is it will cause everything else to cost more.

[PapaBear]

A 16 oz Coke... $1.75 in the vending machine where I work..

64 oz = 1 gallon

If coke were gas, it would cost $9.33 a gallon! How far can your car go on a gallon of gas? 30 miles? Could you walk 30 miles? How much drink would you need to walk it? Would it be anywhere near as comfortable? To me, gas it worth the price, even if it was $5 a gallon..
A gallon is actually 128 ounces, and coke provides no nutrition for walking.

[hunnerbun]

Well way up here in the great white north we have been paying close to that for a while now...I mean $4 a gallon. Gas here is in litres and I pay $1.07-$1.14/litre. A litre is just slightly smaller than a quart and that means 1 gallon = 4.561L. So in reality we are paying $4.88-5.20 per gallon! Holy shit...I think i need to go lay down...my brain hurts from all that figurin'.

[J.Clints]

Well way up here in the great white north we have been paying close to that for a while now...I mean $4 a gallon. Gas here is in litres and I pay $1.07-$1.14/litre. A litre is just slightly smaller than a quart and that means 1 gallon = 4.561L. So in reality we are paying $4.88-5.20 per gallon! Holy shit...I think i need to go lay down...my brain hurts from all that figurin'.

you Are so good at math learnings. Could you learn me?

[hunnerbun]

This is what helped me.... http://convert.french-property.co.uk/

[furie]

Well way up here in the great white north we have been paying close to that for a while now...I mean $4 a gallon. Gas here is in litres and I pay $1.07-$1.14/litre. A litre is just slightly smaller than a quart and that means 1 gallon = 4.561L. So in reality we are paying $4.88-5.20 per gallon! Holy shit...I think i need to go lay down...my brain hurts from all that figurin'.

Yeah, but this is America. We're making the world safe for oil consumption. We deserve the employee discount!

[FUNKMAN]

on the news the other day they talked of arresting 172 or so terrorists that were planning to bomb Saudi oil fields. SO there was an immediate 6 cent jump in gas prices.

I think the key fucking key word is PLANNING here. It did not fucking happen!!!! SO WHY THE FUCK DO THEY FEEL JUSTIFIED IN USING IT AS AN EXCUSE TO RAISE THE PRICE???

Because they don't give a FUCK!!!

The terrorists need to be given the addresses of the oil compnay executives and they should start blowing their houses up...


sorry

[reeshy]

Wow!!!!!!!!!!!!!!!!!!!!!!!!!

[WRESTLINGFAN]

on the news the other day they talked of arresting 172 or so terrorists that were planning to bomb Saudi oil fields. SO there was an immediate 6 cent jump in gas prices.

I think the key fucking key word is PLANNING here. It did not fucking happen!!!! SO WHY THE FUCK DO THEY FEEL JUSTIFIED IN USING IT AS AN EXCUSE TO RAISE THE PRICE???

Because they don't give a FUCK!!!

The terrorists need to be given the addresses of the oil compnay executives and they should start blowing their houses up...


sorry


Its not just the oil companies. The commodoties traders bet on speculation, oil is traded as futures. someone farts in the middle east. these traders overreact and push prices up

[hunnerbun]

Yeah, but this is America. We're making the world safe for oil consumption. We deserve the employee discount!


:blink: yeah...right...^^^^ what he said...

[Bulldogcakes]

The higher gas prices go, the quicker we transition into alternative fuels and power sources. The reason why we still use fossil fuels is they make economic sense. But there's lots of alternative power around, Wind, Solar, Green Buildings, NYC even just recently dropped a new "Wave Technology" turbine into the east river to generate power for Manhattan (Only produces about 10 megawatts though). THere are even plants in the south that convert garbage into grade 1 fuel oil. So there's lots of stuff out there. High gas prices will ultimately be a good thing for everyone. Maybe we can take some of that money were spending on ill-conceived wars and put it into developing new power sources for cars and electricity. What have we spent on Iraq, about a TRILLION dollars? More? That could've buy alot of alternative fuel research and perhaps the cost issues could have been resolved.

BTW-Since gas prices are going up, how about the shit head politicians gives us a break on the taxes (http://www.energy.ca.gov/gasoline/statistics/gas_taxes_by_state_2002.html)? That's 50 cents per gallon right there in NY. Nah, its easier to bash the "Big Oil Companies" who don't even set the price.

[Fat_Sunny]

The higher gas prices go, the quicker we transition into alternative fuels and power sources. The reason why we still use fossil fuels is they make economic sense. But there's lots of alternative power around, Wind, Solar, Green Buildings, NYC even just recently dropped a new "Wave Technology" turbine into the east river to generate power for Manhattan (Only produces about 10 megawatts though). THere are even plants in the south that convert garbage into grade 1 fuel oil. So there's lots of stuff out there. High gas prices will ultimately be a good thing for everyone. Maybe we can take some of that money were spending on ill-conceived wars and put it into developing new power sources for cars and electricity. What have we spent on Iraq, about a TRILLION dollars? More? That could've buy alot of alternative fuel research and perhaps the cost issues could have been resolved.

BTW-Since gas prices are going up, how about the shit head politicians gives us a break on the taxes (http://www.energy.ca.gov/gasoline/statistics/gas_taxes_by_state_2002.html)? That's 50 cents per gallon right there in NY. Nah, its easier to bash the "Big Oil Companies" who don't even set the price.


You Forgot To Mention The CLEANEST, The SAFEST, The CHEAPEST, And The Most PLENTIFUL Potential Source: NUCLEAR (Or As Our Prez Would Say, Nuke-U-Ler).

It Is A DISGRACE That Nuclear Power Has Been Virtually Put On Hold In The USA For 30 Years. Even The Stupid French Are Smarter Than We When It Comes To The Intelligent Use Of Nuclear Power!

[Bob Impact]

You Forgot To Mention The CLEANEST, The SAFEST, The CHEAPEST, And The Most PLENTIFUL Potential Source: NUCLEAR (Or As Our Prez Would Say, Nuke-U-Ler).

It Is A DISGRACE That Nuclear Power Has Been Virtually Put On Hold In The USA For 30 Years. Even The Stupid French Are Smarter Than We When It Comes To The Intelligent Use Of Nuclear Power!
DAMN IT! YOU EDITED BEFORE I GOT THERE! I was all ready for a smartassed remark about what the "Inteeligent" use of Power is! DAMN YOU FAT SUNNY! DAMN YOU!

[Fat_Sunny]

DAMN IT! YOU EDITED BEFORE I GOT THERE! I was all ready for a smartassed remark about what the "Inteeligent" use of Power is! DAMN YOU FAT SUNNY! DAMN YOU!

Hee Hee...You've Got To Get Up Pretty Early In The Morning....!!

[Bulldogcakes]

You Forgot To Mention The CLEANEST, The SAFEST, The CHEAPEST, And The Most PLENTIFUL Potential Source: NUCLEAR (Or As Our Prez Would Say, Nuke-U-Ler).

It Is A DISGRACE That Nuclear Power Has Been Virtually Put On Hold In The USA For 30 Years. Even The Stupid French Are Smarter Than We When It Comes To The Intelligent Use Of Nuclear Power!

Yeah, I have no problem with nuclear. Nuclear is actually cheaper to produce. The main problem with nuclear is insurance costs, since if there ever is a problem, it will probably be VERY expensive. But nuclear is safe and clean, really a dream come true environmentally if you can just dispose of the waste. But even if you cant dispose of the waste then people will just accidentally get really cool superhuman powers, like becoming a human fly or spider, or being really strong and having a brick-like skin or maybe be able to "FLAME-ON!" at will. Personally, if I get exposed to nuclear waste, I hope I get the power to stretch myself really long like a rubber band. That would be great, since I live on the 3rd floor and have to take the steps each night. I come home, I'm tired, I hate those fuckin steps. I definitely wouldn't want the one where I to turn into a big, green ugly beast whenever I get mad. That would just suck, especially since I'd have to buy new clothes every five minutes.

[Fat_Sunny]

Fat's Power Would Be To Become Invisible At Will. But The Invisibilty Would Also Have To Apply To His Clothing, And Glasses, And Anything Else Fat Was Touching Or Holding, Like A Camera.

That Was The Flaw With Original Invisibility; You Had To Take Off Your Clothes First, And Then Become Invisible. But That Is Very Inconvenient, And Also It Can Be Very Embarassing If Visibilty Returns Unexpectedly, And You're In, Say, The High School Girl's Gym Shower.

Invisibilty At Will...Yes, That's The Right Power For Nuclear Fat!

[Mike Teacher]

If we really wanted to say bye to the Age of Oil, we could do it. Take a Manhattan Project/Apollo Project sized/priced effort by some nation/company but the niclear power we should develop is fusion, which is safer, cleaner and more powerful then the present day fission reactors; no Sellafield's, No Three Mile Islands, No Chernobyls.

Or, get the solar arrays up in orbit for 24/7 solar, get the energy down via nanotube space elevators or i think you can microwave beam it down.

Either way cmon it's 2007 FFS we should all own a Flux Capacitor at least.

But...

Oil is powerful as stated above and actually really really cheap even at twice the price as above, and combining that with beauraeucratic [sp?] intertia, I think were stuck with Oil for a while.

Sucks coz it really is nasty mucky shit compared to what we could/should/would be using, if we pointed our money, brains and audacity in the right direction.

[Fat_Sunny]

Sucks coz it really is nasty mucky shit compared to what we could/should/would be using, if we pointed our money, brains and audacity in the right direction.

Fat Does Not Know One Democrat, Republican, Or Independant Who Does Not Agree With That Comment. Yet Year After Year; Administration After Administration; Congress After Congress; And Regardless Of Which Party Is In Power, NOTHING Gets Done! It Is Way-Beyond A National Disgrace!!

[HBox]

Hey, you want to lower the price of gas? Just give me a can of baked beans and one hour. M I RITE FELLAS?!?!?!!?!111/??!?!?! LOL!!!!!!!!!!!! ROFLMAOBBQ!!!!!!!

[epo]

Fat Does Not Know One Democrat, Republican, Or Independant Who Does Not Agree With That Comment. Yet Year After Year; Administration After Administration; Congress After Congress; And Regardless Of Which Party Is In Power, NOTHING Gets Done! It Is Way-Beyond A National Disgrace!!

You know what. I almost never agree with Fat_Sunny, but this is an issue we can all get behind. We should be developing energy alternatives that allow us to free ourselves of international dependence.

Personally I would much rather deal with snooty rich Iowa corn farmers who support wrestling programs than rich Saudi royals who support ????

[Bulldogcakes]

Fat's Power Would Be To Become Invisible At Will. But The Invisibilty Would Also Have To Apply To His Clothing, And Glasses, And Anything Else Fat Was Touching Or Holding, Like A Camera.

That Was The Flaw With Original Invisibility; You Had To Take Off Your Clothes First, And Then Become Invisible. But That Is Very Inconvenient, And Also It Can Be Very Embarassing If Visibilty Returns Unexpectedly, And You're In, Say, The High School Girl's Gym Shower.

Invisibilty At Will...Yes, That's The Right Power For Nuclear Fat!

You know, sometimes i just want to see if anyone's actually reading some of the crap I write.

[FUNKMAN]

Its not just the oil companies. The commodoties traders bet on speculation, oil is traded as futures. someone farts in the middle east. these traders overreact and push prices up

you're right and I know. that's why in the past I suggested blowing Wall Street off the face of the earth. NOT THE PEOPLE, just the market itself. It's excessive GREED and POWER!!!!

You can argue it's the best system we got but when hedge fund managers are making 1.6 billion dollar yearly salaries and Occidental Petroleum CEO walks away with a 400million dollar retirement package, and these traders average 500,000 in bonuses, while poor people are paying 25% interest on a car loan and 30% credit card interest so the interest can be paid on the rich guys money then it's just fucking wrong

[sr71blackbird]

Did you know that if you were invisible, that you would be blind?




http://www.lhup.edu/~dsimanek/eye2.jpg

[Fat_Sunny]

[QUOTE=sr71blackbird;1291009]Did you know that if you were invisible, that you would be blind?

Fat Did Not Know That.

Well, Either Fat'll Have To Get A New Super-Power, OR, Since We Are Bending Reality Anyway, Fat'll Just Say His Super-Power Would To Be Able To Become Invisible AND Keep All Of His Senses While Invisible. Otherwise, Being Invisible Would Be Pretty Useless!!

[foodcourtdruide]

Did you know that if you were invisible, that you would be blind?




http://www.lhup.edu/~dsimanek/eye2.jpg

I've been sitting here thinking about your last post for about an hour... and I just realized the diagram above is of the human eye.

[BLZBUBBA]

I watched a documentary yesterday...A CRUDE AWAKENING. Pretty good. Not just liberals or conservatives but former oil company people and other experts. They discussed where the petroleum industry has been, where it is now, and where it's heading. If what they were saying is true, you may well be longing for $4 gallon in the not too distant future. Pretty frightening stuff. And don't forget...It's not just gasoline from the petroleum industry. The by-products are all around you...plastics, chemicals, on and on. Production has (or almost has) peaked. Demand continues upward. The "easy" oil has been found.
I guess what I got out of the film is it's going to get worse. Way worse. The only question is how soon.

[Yerdaddy]

Did you know that if you were invisible, that you would be blind?


Blind AND invisible? Just like Bush's post-invasion Iraq plan!

[BLZBUBBA]

Two documentaries. A CRUDE AWAKENING (already brought it up) and WHO KILLED THE ELECTRIC CAR. The first will scare you and the second might piss you off.

On "another radio show" they were giving their producer shit about driving a hybrid. Told him he might as well be riding a cock to work. But look at it like this. By driving the hybrid he's saving gas. Which lessens demand by that much. Which, if demand has anything to do with gas prices, is a good thing even for those tooling around in mega gas guzzlers.

I got by with just a bicycle for 5 years. Took a little planning each week but I could do it. Most can't. I caught shit from the guys at work as well. I pointed out that by saving gas I was actually kinda helping them out too. They finally shut up. Conserving should be encouraged...not ridiculed. Another thing about a bicycle. No insurance, registration, inspections, or oil changes. Add it up.

I weakened and recently bought a motorcycle which will blow everything in the parking lot away. 0-60 in three seconds...should I choose. I don't choose. Still twice the mpg of most cars. Motorcycles are another option. Dangerous? Maybe. Still requires a degree of planning. Probably wouldn't ride one in an urban setting. But being in a rural area...using common sense...not a bad option. And riding the thing is the most fun I've had in years.

[PapaBear]

Around here, regular is at $2.85. The odd thing is, I've been getting 30-40 extra miles on a 10 gallon tank. A co-worker has had the same increase. Very odd.

[crabbyjohn]

40 years ago gas was 25 cents a gallon and a home cost around $12-20k and now a home cost 400K+, then gas is just keeping current with all the other things that have gone up...and that includes your salary!

[PapaBear]

But that's not factoring in how driving is more essential than it was back then. Even if you leave out recreational driving, today's society requires more miles to be driven. Back then, you didn't have issues such as long commutes to work.

It's apples and oranges. You can't compare today to yesterday. If people are having trouble surviving, statistics mean nothing.

[Midkiff]

http://www.scholastic.com.au/titles/klutz/images/zoomed/cov_solar_car_z.jpg

[furie]

Did you know that if you were invisible, that you would be blind?




http://www.lhup.edu/~dsimanek/eye2.jpg

in visibal light. though he could still see in either infra-red or ultra-violet.

[Jujubees2]

All this country has to do is to adopt the same fuel economy as the European nations and we would drastically cut gas consumption. But it will never happen because most politicians haven't got the backbone to do it.

The people who complain about $3.00/gallon gas as the same ones who don't mind paying $5.00 for a cup of coffee as they're riding in their SUV.

[sailor]

All this country has to do is to adopt the same fuel economy as the European nations and we would drastically cut gas consumption. But it will never happen because most politicians haven't got the backbone to do it.

The people who complain about $3.00/gallon gas as the same ones who don't mind paying $5.00 for a cup of coffee as they're riding in their SUV.

isn't the gas much higher in europe?

[Jujubees2]

isn't the gas much higher in europe?

Yes, that's because the European countries tax gas at a higher rate than the U.S. to force consumers into smaller, more fuel efficient cars. Of course, that would never work here because people don't want to give up their SUVs.

[Wallower]

It kinda makes you wonder why most people still don't have satellite radio. For the price of three gallons of gas a month everyone could listen to the buddies. A lot of us burn more than that by driving like maniacs and accelerating between traffic signals.

[AgnosticJihad]

I watched a documentary yesterday...A CRUDE AWAKENING. Pretty good. Not just liberals or conservatives but former oil company people and other experts. They discussed where the petroleum industry has been, where it is now, and where it's heading. If what they were saying is true, you may well be longing for $4 gallon in the not too distant future. Pretty frightening stuff. And don't forget...It's not just gasoline from the petroleum industry. The by-products are all around you...plastics, chemicals, on and on. Production has (or almost has) peaked. Demand continues upward. The "easy" oil has been found.
I guess what I got out of the film is it's going to get worse. Way worse. The only question is how soon.

I saw this film the other day too, and was going to bring up the petroleum-based products like plastic point. The wholepoint I got from the movie is that we are going to run out of oil one day, and even if we combine all the laternative fuel sources we will never replace all the energy and other products we get from oil, and that it is inevitable that our current way of life will disapeer. It was pretty frightening, and very informative.

[WRESTLINGFAN]

Hugo Chavez takes control of the oil industry. This doesnt help at all

http://www.cnn.com/2007/WORLD/americas/05/01/chavez.venezuela.oil.reut/index.html?section=cnn_latest

[Gvac]

Yes, that's because the European countries tax gas at a higher rate than the U.S. to force consumers into smaller, more fuel efficient cars. Of course, that would never work here because people don't want to give up their SUVs.

Do you really want to drive in one of these?

http://i150.photobucket.com/albums/s109/GregRotten/euro_car_small_01.jpg

[Midkiff]

http://www.denniscox.com/BeijingBicycles.jpg

[Fez4PrezN2008]

If we really wanted to say bye to the Age of Oil, we could do it. ...
I agree, but we have not reached the economic pain threshold yet to really force the issue. You would pay $10 before you really started changing your concept of travel modes etc. Sure, we'd bitch about it all along the way, but what is your own real cost breaking point? I would be willing to bet that it really is a lot higher than you initially think. The price is driven by supply and demand, simple economics. We cannot blame it all on greedy oil companies or even OPEC. Here is a good site to keep up with what's going on with supply and demand. (http://tonto.eia.doe.gov/oog/info/twip/twip.asp) What a lot of people don't realize it that our refineries are a real bottle neck. It does not matter how much crude you have stored up, if you can't refine it fast enough and cheaply enough (we are WAY behind on refinery maintenance in the US) you effectively tighten up the supply. If you really want to get freaked out and REALLY worry, look up the concept of Peak Oil which basically says that right now (or within the next 10-17 yrs) we will peak out at tapping into the world's supply of crude oil. It is getting harder and harder to find and the global supply will start to plument over the next 20, 30,40 yrs. At some point somebody is going to wake up and make some changes. (Sorry for the long rant)

[Bossanova]

I am so happy I have a company car. I think I fill my car once a month

[OneEyeJack]

when the war with iraq started gas was a $1.39 a gallon. I believe the increase is helping to fund the war some how.

[BLZBUBBA]

Getting off topic here but if "furie" is a member of "The Order of the Triad" maybe he could approach Dr. Venture about fuel alternatives. I know Brock would say to hell with gas prices.
Watched all those Venture Bros. episodes back to back the last couple of weekends. Was killing me. Used to watch Jonny Quest every weekend when a wee lad. The Venture Bros. stuff was hilarious. Still trying to figure out Dr. Girlfriend though.

[Yerdaddy]

I agree, but we have not reached the economic pain threshold yet to really force the issue. You would pay $10 before you really started changing your concept of travel modes etc. Sure, we'd bitch about it all along the way, but what is your own real cost breaking point? I would be willing to bet that it really is a lot higher than you initially think. The price is driven by supply and demand, simple economics. We cannot blame it all on greedy oil companies or even OPEC. Here is a good site to keep up with what's going on with supply and demand. (http://tonto.eia.doe.gov/oog/info/twip/twip.asp) What a lot of people don't realize it that our refineries are a real bottle neck. It does not matter how much crude you have stored up, if you can't refine it fast enough and cheaply enough (we are WAY behind on refinery maintenance in the US) you effectively tighten up the supply. If you really want to get freaked out and REALLY worry, look up the concept of Peak Oil which basically says that right now (or within the next 10-17 yrs) we will peak out at tapping into the world's supply of crude oil. It is getting harder and harder to find and the global supply will start to plument over the next 20, 30,40 yrs. At some point somebody is going to wake up and make some changes. (Sorry for the long rant)

You call that long?

[sailor]

You call that long?

that's what SHE said!! wait. what?

[A.J.]

http://i150.photobucket.com/albums/s109/GregRotten/euro_car_small_01.jpg

http://download.lardlad.com/framegrabs/3F18/166.jpg

[Bulldogcakes]

Hybrid Motorcycle That Does 180 Miles Per Gallon (http://www.motorbiker.org/blogs.nsf/dx/07152003163601MIKK5L.htm)

http://www.ecycle.com/images/pics/hybrid.jpg

[J.Clints]

Hybrid Motorcycle That Does 180 Miles Per Gallon (http://www.motorbiker.org/blogs.nsf/dx/07152003163601MIKK5L.htm)

http://www.ecycle.com/images/pics/hybrid.jpg

Good thing it gets lots of miles. Its ugly as can be

[JPMNICK]

I think that gas will be brought to the forefront much more this time around then last time it hit 3.00 per gallon due to housing being in the toilet. With housing dropping, consumer confidence is down, and people do not have as much cash on hand to spend on gas. most people live on very tight margins every month, and this might be the thing that spins us into a 2-3 year long recession.

[furie]

Hybrid Motorcycle That Does 180 Miles Per Gallon (http://www.motorbiker.org/blogs.nsf/dx/07152003163601MIKK5L.htm)

http://www.ecycle.com/images/pics/hybrid.jpg

who designed that thing; Isaac Asimov?

[FUNKMAN]

if there is one guarantee in life besides taxes and death it is the gas companies in cahoots with the oil traders are gonna raise the price of gas before summer vacation. they'll come up with every excuse in the book but every year at this time the prices go up.

then you always hear "there is more demand" Someone please tell me I'm if wrong on this. If you are making a good profit when there is less demand then what is the justification for raising the price when there is more demand. Doesn't it make sense that with more demand automatically comes more profit "even if prices remain the same"?

i'll refrain from cursing but these SOB's just do what they wish because they can

[badmonkey]

That shit drives me nuts too. Every winter, demand goes up, then in summer it starts warming up again and wouldn't ya know it... demand goes up again. I always forget to pay attention to prices during fall and spring. Nobody ever seems to talk about how demand for oil is down. It always just seems to increase. It seems to me that the demand would likely balance out between winter heating and summer driving. I just don't get it.

What sucks the most is, not only am I unwilling to give up my Explorer sport... I just noticed last week that it's not big enough to haul about half the stuff I need to haul lately. I've been debating trading it in for a "family car" and buying a pickup but the insurance on both vehicles would kill me.

Badmonkey

[furie]

That shit drives me nuts too. Every winter, demand goes up, then in summer it starts warming up again and wouldn't ya know it... demand goes up again. I always forget to pay attention to prices during fall and spring. Nobody ever seems to talk about how demand for oil is down. It always just seems to increase. It seems to me that the demand would likely balance out between winter heating and summer driving. I just don't get it.

What sucks the most is, not only am I unwilling to give up my Explorer sport... I just noticed last week that it's not big enough to haul about half the stuff I need to haul lately. I've been debating trading it in for a "family car" and buying a pickup but the insurance on both vehicles would kill me.

Badmonkey

Well, no. Gasoline demand drops in winter but heating oil demands goes up. in summer, gasoline demands go up, while heating oil goes down.
but the demand is always there

[cougarjake13]

Good thing it gets lots of miles. Its ugly as can be

at least its not this




http://www.planearium2.de/pics/pics-511-5.jpg

[sailor]

Well, no. Gasoline demand drops in winter but heating oil demands goes up. in summer, gasoline demands go up, while heating oil goes down.
but the demand is always there

very true. and supply and demand are very real forces on market prices. and of course prices go down after the summer funkman, do you not notice the gasoline prices are now raised to levels that are at this point less than the high point from last summer?

if you have the time check out that little tome from adam smith (http://en.wikipedia.org/wiki/Adam_Smith), an inquiry into the nature and causes of the wealth of nations (the wealth of nations (http://en.wikipedia.org/wiki/The_Wealth_of_Nations#The_Diamond-Water_Paradox)) and check out his "invisible hand" of the market. without prices rising, you run out of goods (this is over-simpliefied, but the basis of the supply-demand equation). remember "It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect our dinner, but from their regard to their own interest." seriously, check it out if you have some time. people act in their own self-interest (hey, ayn rand (http://en.wikipedia.org/wiki/Ayn_rand) didn't invent that! :) ) and prices are the mechanism that determine how much of products to produce.

[Yerdaddy]

Survey: Gas prices reach record average (http://news.yahoo.com/s/ap/20070506/ap_on_bi_ge/gas_prices)

[sailor]

oh, i also was just thinking that oil/gas isn't the perfect supply/demand example because a lot of the supply is rigged thru the opec cartel. on our demand side, it still holds.

[crb1]

oh, i also was just thinking that oil/gas isn't the perfect supply/demand example because a lot of the supply is rigged thru the opec cartel. on our demand side, it still holds.

The supply problem is more a function of refining capacity than the amount of available crude.

[sailor]

The supply problem is more a function of refining capacity than the amount of available crude.

the current problems are, sure. but opec artificially sets production limits everyday.

[Yerdaddy]

the current problems are, sure. but opec artificially sets production limits everyday.

And the Saudis and our other Gulf friends fill any shortfall in production by cranking up their own pumps whenever we ask. Even beyond responsible capacity.

My question is this: I know refinery output is a major source of the high prices. But if they aren't building new refineries what the fuck are the oil companies doing with all those fucking "record" prices since 9-11? Buying solid gold prostitutes? Sure it's complicated but it still stinks like Anna Nichole's box right about now.

[sailor]

And the Saudis and our other Gulf friends fill any shortfall in production by cranking up their own pumps whenever we ask. Even beyond responsible capacity.

My question is this: I know refinery output is a major source of the high prices. But if they aren't building new refineries what the fuck are the oil companies doing with all those fucking "record" prices since 9-11? Buying solid gold prostitutes? Sure it's complicated but it still stinks like Anna Nichole's box right about now.

controlling a third of opec capacity, aren't the sauds the leaders saying who produces what? i'd always heard they were the main force behind the opec limits. i know chavez has been a force recently, but thought saudi arabia was the big dog there.

[A.J.]

Sure it's complicated but it still stinks like Anna Nichole's box right about now.

I'll bet THAT is a source of crude oils.

[Yerdaddy]

controlling a third of opec capacity, aren't the sauds the leaders saying who produces what? i'd always heard they were the main force behind the opec limits. i know chavez has been a force recently, but thought saudi arabia was the big dog there.

Now that I've dug this up, I'm not entirely sure this answers your question. I think it does.

For all the noise over energy independence, the fact remains that over 60% of the world's
proven conventional oil reserves are in the Gulf and 25% are in Saudi Arabia.
Furthermore, the EIA estimates that the "best case" limit US energy policy can put on our
percentage of dependence on oil imports through 2025 is to keep it constant, and the
reference case shows a major increase.

Saudi Arabia has historically maintained a production cushion of 2-2.5 mb/d for use
during shortfalls in production elsewhere. It tapped into that cushion after the fall of the
Shah in 1979, during the first Gulf War in 1990-91 when there was a shortfall in Kuwaiti
and Iraqi production, in the run-up to the war with Iraq in early 2003, and today as a
result of various factors (Iraqi shortfalls, political instability in Nigeria and Venezuela,
Yokus in Russia, natural disasters).

Unlike many oil powers with more limited reserves, Saudi Arabia had long sought to
keep prices moderate to ensure consistent long-term demand. It has responded to the
recent rapid increases in world energy demand, and lack of surplus crude oil and refinery
capacity, by investing over $50 billion in its oil sector over the next seven years.

This in part responds to US calls for an increase in its oil production to 12.5 million
barrels/day. Saudi Arabia has also talked about the possibility of increasing output to 14-
16 million barrels a day. It almost certainly can never reach the absurdly high levels
called for in some theoretical models -- which call for an increase from around 11 million
barrels a day today to 22-26 million barrels by 2025. These models, however, are
theoretical demand-drive econometric models. No country, and no major US or Europe
oil company, has ever found such models to be credible.

SOURCE: Anthony Cordesman: Saudi Arabia: Friend or Foe in the War on Terror? (http://www.csis.org/index.php?option=com_csis_congress&task=view&id=173)(Congressional testimony, Nov 8, 2005) [PDF]

[ScottFromGA]

if there is one guarantee in life besides taxes and death it is the gas companies in cahoots with the oil traders are gonna raise the price of gas before summer vacation. they'll come up with every excuse in the book but every year at this time the prices go up.

then you always hear "there is more demand" Someone please tell me I'm if wrong on this. If you are making a good profit when there is less demand then what is the justification for raising the price when there is more demand. Doesn't it make sense that with more demand automatically comes more profit "even if prices remain the same"?

i'll refrain from cursing but these SOB's just do what they wish because they can

ill curse for you.....


fuck them in their fuckholes......


yeaaaaa.....http://i168.photobucket.com/albums/u176/SCOTTFROMGA/jason_mewes10.jpg

[sailor]

Now that I've dug this up, I'm not entirely sure this answers your question. I think it does.



SOURCE: Anthony Cordesman: Saudi Arabia: Friend or Foe in the War on Terror? (http://www.csis.org/index.php?option=com_csis_congress&task=view&id=173)(Congressional testimony, Nov 8, 2005) [PDF]

pretty helpful. thanks.

[FUNKMAN]

ill curse for you.....


fuck them in their fuckholes......


yeaaaaa.....http://i168.photobucket.com/albums/u176/SCOTTFROMGA/jason_mewes10.jpg

thanks budday... that's what this board is all about TEAMWORK!

[scottinnj]

The only way for the gas to go down is for it to go up....WAY up. More people will ditch the "crew cab" 4X4 they drive in urban areas....more people will demand the ethanol they have developed "flex fuel" engines for....more people will rethink their frivolous driving and be more efficient planning trips
I'm all for it. The higher it gets, the more painful it gets at the pump, and the less we will consume. It has come to this. We have seen gas prices go up and up and up for the past three years, and yet we still continue to buy vehicles that aren't fuel-efficient or capable of running on alternative, renewable energy sources. We have continued to drive these vehicles without regard to consumption and the consequences of that. We have ignored the financial experts in this country who have continually been correct about the rising demands of China and India on the world's oil supply.
So let it get to five bucks a gallon. It will hurt, but if it is that high, it will only hurt for a small time-like yanking off a bandaid vs. slowly pulling it off. The shock will ripple throught the economy, and it will fix itself once the demand for gasoline drops off because we can't afford to fill our Suburbans' 31 gallon tanks at 155 bucks a pop.
Bring it on. We need change in this country and the President is right about one thing-we are addicted as a country to oil. This could be the "intervention" we need to shake the addiction.

[scottinnj]

You know, sometimes i just want to see if anyone's actually reading some of the crap I write.
No worries BDC, I'm readin' them.

[scottinnj]

Good thing it gets lots of miles. Its ugly as can be

No uglier then the BS Harleys that are ridden around nowadays by middle-aged accountants that buy a denim jacket and a 20,000 dollar motorcycle to show you how rebellious they are.

[Fat_Sunny]

ScottInNJ, You Need To Log On More Often, So That You're Not Playing 'Catch-Up'!!

[scottinnj]

Yeah I know....I need to keep up with you guys more. This thread is great. I've always loved the politics here.

[Yerdaddy]

No uglier then the BS Harleys that are ridden around nowadays by middle-aged accountants that buy a denim jacket and a 20,000 dollar motorcycle to show you how rebellious they are.

Yeah but those are great for quick trips to the store to buy tampons and diapers.